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Northeast states’ first carbon auction goes smoothly despite financial crisis
Carbon allowances sold for $3.07 per ton in the nation’s first regional cap-and-trade auction, auction officials said Monday. The price was lower than futures markets had predicted but higher than the minimum price some had feared. The Regional Greenhouse Gas Initiative auction held last Thursday sold all of the 12.6 million allowances offered in this […]
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Spotlight on North America’s largest solar power plant at Nellis AFB
This is a guest post from my travel partner, Todd Dwyer, head blogger for Dell’s ReGeneration.org, where the piece originally appeared. —– The ReGeneration Road Trip rolled into Nellis Air Force Base in Las Vegas to see North America’s largest solar photovoltaic power plant. Covering 140 acres and providing some 14 megawatts of […]
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Could reducing homeowner costs through efficiency help meliorate the housing crisis?
I am far from an expert on the world of finance (he said, wildly understating the case). So I’d be interested to hear what smarter folks think of the following wild speculation. The root of the current financial crisis is housing. Lots of people were extended credit to buy houses they couldn’t really afford, and […]
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Pickens’ natural gas plan makes no sense and will never happen
The following post is by Earl Killian, guest blogger at Climate Progress. —– Thomas Boone Pickens is a billionaire who made his money in oil and corporate takeovers. He began investing in natural gas in 1997, and in wind power in 2007. In 2008, he went public with the Pickens Plan via a website and […]
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Global carbon emissions jumped 3 percent in 2007
The Global Carbon Project released its “Carbon Budget 2007” [PDF] today. The report shows a continuation of the grossly unsustainable growth rate in CO2 emissions since 2000, which is nearly four times the growth rate of the 1990s: As reported by AP: … it was large increases in China, India and other developing countries that […]
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More than $6 billion pledged to boost clean-tech in developing countries
Industrialized countries have promised to put more than $6.1 billion in the World Bank’s Climate Investment Funds, which aim to boost clean technologies and reduce greenhouse-gas emissions in developing countries. On Friday, the United States pledged $2 billion over three years; Britain will chip in $1.47 billion and Japan $1.2 billion, with contributions from Australia, […]
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Pulitzers await the enterprising journalist who digs into the RGGI efficiency story
The Regional Greenhouse Gas Initiative, the first legally binding cap-and-trade system in the hemisphere, kicked off yesterday with the world’s largest carbon credit auction. The program immediately failed. I don’t know anything about the results of the auction, which won’t be made public until Monday, but I do know that whatever happened, RGGI is a […]
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Vital video
The best concise explanation of the climate tipping points I’ve seen (11 min.): Wake Up, Freak Out – then Get a Grip from Leo Murray on Vimeo.
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Last year’s world CO2 emissions exceeded most dire IPCC predictions
The world’s carbon dioxide emissions in 2007 exceeded even some of the direst predictions of climate scientists, growing 3 percent from 2006 according to an annual report from the Global Carbon Project. The climb in overall emissions last year was especially surprising given the economic downturn that was expected to help curb emissions. For the […]
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On the road to Vegas, we spot two wind farms
Todd and I left San Francisco with one thing on our minds: “Vegas, baby!” But as we drove the long, hot, dry (did I mention long?) roads to Nevada, we got distracted by something shiny! wind turbines on a hill in the distance. So we tore off onto a service road and headed up the hill. […]
